Bad Credit Home Loans in Beaumont Texas. We help people in Texas find the home financing they need fast. It is our goal to help you achieve your financial goals. If you are looking for a Texas new home loan, a second mortgage, bad credit loans, debt consolidation, or a variety of other loan services, we can help. Bad credit doesn't need to prevent you from being able to refinance your mortgage. We specialize in refinance loans and home mortgage loans. Fill out the quick application form below and someone will be in touch with you shortly.
Mortgage Refinancing in Beaumont, Texas.
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Assessed Value The value that a taxing authority, such as a county assessor places on real property as a base for computing property taxes. Generally assessed at 80% of value.
Fair Market Value The price at which property is transferred between a willing buyer and a willing seller, each of whom has a reasonable knowledge of all pertinent facts and neither being under any compulsion to buy or sell.
Graduated Payment Mortgage (GPM) A type of flexible-payment mortgage where the payments increase for a specified period of time and then level off. This type of mortgage has negative amortization built into it.
Second Mortgage A mortgage made subsequent to another and subordinate to the first one.